Neutral/Negative Catalysts
- Downtrend is intact and momentum is still deteriorating (MACD expanding negative), increasing odds of further lows.
- Earnings event risk (2026-02-11 pre-market): unfavorable updates can trigger outsized downside in a micro-cap biotech.
- No supportive near-term news flow (no news in the recent week) to counter bearish technicals.
- Trading trends: hedge funds and insiders are neutral with no notable recent accumulation signals provided.